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Rupee against the dollar, says a report by Union Bank of India. In the first two months of 2025, the Indian rupee has already depreciated more than half the depreciation happened in all of 2024. By February 28 the Rupee has depreciated by 1.8 per cent against USD, this decline is already more than the 1.5 per cent depreciation seen in 2023 and nearly half of the 3 per cent depreciation recorded in 2024. The report said «change in stance of RBI governor Sanjay Malhotra who stated that the central bank is open to more flexible rupee and will allow it to move freely in tandem with its local peers as against former RBI governor Das who favoured a very stable rupee against the US dollar is also putting pressure on rupee».

The federal government says the owner of a North Carolina company has pleaded guilty to trying to sell electronic devices that have military applications to China without a required exporting license

Gross domestic product (GDP) had grown at a seven-quarter low of 5.6% (revised up from 5.4%) in the second quarter. The full FY25 growth is now seen at 6.5%, a tad higher than the 6.4% estimated in the first advance estimate released in January. FY24 growth has been revised up to 9.2%, from 8.2% estimated earlier, the highest in the last 12 years, except for the post-Covid 9.7% rebound in FY22.

Subscribe to enjoy similar stories. Indian companies navigated yet more revenue-profit divergence in the December quarter, and India’s ranking declined significantly among its emerging-market peers in January. Meanwhile, India and the UK have resumed trade negotiations amid protectionist policies by the US.

Investors have pulled a record US$3.3 billion from United States spot-Bitcoin exchange-traded funds in February, poised for the biggest monthly exodus since they debuted, as investors sought refuge in safer assets amid rising geopolitical tensions and persistent inflation concerns.

Canada’s biggest banks beat analysts’ earnings expectations quite comfortably this week, which usually helps ease concerns linked to the economy, but that wasn’t the case this time around.

In the 20 trading sessions, they were buyers on just two instances — on February 18, when they had bought domestic shares worth Rs 4,786.6 crore and on February 4, when they purchased shares worth Rs 809.2 crore.

Bank lending slowed year-on-year to 11 % in January this year compared to 20 % a year ago. Loan growth has slowed across sector. Lending slowed across sectors- retail, services and agriculture in January. But lending to large industry rose 6.4 % compared to 5.7 % a year ago and medium firms rose 18.5 % compared to 10 % a year ago. Even loan against gold jewellery which is a part of banks' retail portfolio continued to spiral and rose 77 % y-o-y compared to 17 % a year ago. Non- food credit rose 12.5 % (a three-month high) as compared to 16.2 % for the corresponding fortnight of the previous year (January 26, 2024).

Subscribe to enjoy similar stories. Surefire hits are rare in the videogame industry. Even rarer is to have two coming in the same year.

NSE Nifty 50 recorded its fifth straight monthly loss — its longest such streak since 1996 — making India the worst performing global market, with investors and derivative markets signalling the pain is likely to linger. Weak earnings, persistent foreign outflows and uncertainty regarding U.S. tariffs have dragged the Nifty about 15% lower from its September peak, eroding nearly 85 trillion rupees (nearly $1 trillion) in investor wealth.

Adani Green Energy Limited (AGEL) has surpassed a record 12,000 megawatts (MW) of operational portfolio. AGEL is the first and only renewable energy company in India to reach this landmark, as per its official statement. AGEL’s 12,258.1 MW portfolio consists of 8,347.5 MW solar, 1,651 MW wind and 2,259.6 MW wind-solar hybrid capacity.

Pamela Bondi has declassified the first phase of documents related to Jeffrey Epstein, shedding light on his crimes against more than 250 underage girls. While the Justice Department hails this as a victory for transparency, critics argue that the documents contain little new information.

Lamont Roach will take place on Saturday at the Barclays Center in Brooklyn, New York.

Jake Knapp etched his name into golf history on Thursday by delivering a flawless, bogey-free round of 59 at the Cognizant Classic.

Wednesday became an instant phenomenon upon its release in 2022, breaking viewership records and surpassing major titles like Bridgerton and Stranger Things.

Brazilian influencers, twin sisters currently living and working as DJs in India, have sparked outrage online with a controversial video. The sisters filmed an Indian woman dressed in a saree while she was sweeping outside a building and shared the clip on their Instagram account, Gemeas Lancaster.

Subscribe to enjoy similar stories. NEW DELHI : Opting for a higher pension under the Employees' Pension Scheme (EPS) seems to have become a procedural nightmare for employees. Some people who applied for it after the Supreme Court order in November 2022 are still waiting for the Employees' Provident Fund Organisation (EPFO) to accept their applications.

U.S. chipmaker Nvidia's auto segment revenue more than doubled in the latest quarter to a record high on strong demand for driver-assist software.

summer season with one of the warmest March months on record, and above-average temperatures throughout most of the month threaten to cut yields of the maturing wheat crop, two weather bureau sources said.